If this describes how you feel about affiliate marketing, then you’ve been looking in all the wrong places to learn how, and if you truly do think what you say above, then save yourself grief by switching what you want to do away from Affiliate Marketing immediately.
Let’s get some facts, truths and reality-checks clarified for everyone.
Are you ready?
Hello: My name is Chuck Camroux and I have been actively earning money from and on the web since the mid-to-late 90’s. 98% of my success comes from Affiliate marketing. The other day I was talking to someone who wanted (in the past) to be an affiliate marketer but who received a mind-numbing introduction that turned him right off the potential. His “instruction” was nearly 500 pages. That’s 490 pages of fluff just so the writer could sell it easier. Or so he/she thought.
The concept of affiliate marketing isn’t new. Before the internet, years before, many companies paid a commission to people who talked about a product to others and interested other in making a purchase. When I first started I was promoting “flowers”, then music CD’s and other similar products. I told people about the products through websites, email and handing out special business cards I created. It worked and I started to earn money for my efforts.
In the last half of the 90’s, things changed because more and more companies added affiliates to their marketing plans. Amazon and eBay were among the latest to use affiliates to help promote their products. Today almost every company uses affiliates and part of the reason is the current state of technology to help them and their affiliates keep track of their activities.
Billions of dollars is made by affiliate marketers for their efforts. It’s just a commission, but it’s a way for people to make money for talking about a product or service. It can be a website with a reference to the product, or a website that is specifically a review site (of the product being promoted), or an email promotion or a mention in a discussion group (forum) and other ways that you might elect to go.
I went the niche direction (and still do). Find a product or category of products that interest me and and build a niche website with lots of information about that product and work diligently to get the site higher and higher in the search rankings and wait for the affiliate payments. At one point in the past 20+ years I had over 300 niche website operating. Lots of work, so I sold off 75% of the sites and focused on the remaining, and I still do.
One last point, anybody can do this, and it costs pennies on the dollar to set yourself up as an affiliate marketer. Plus, the affiliate marketing business is growing bigger and bigger every day. The opportunities are nearly endless.
Now you know my story.
The question is, do you want to be an affiliate marketer? If so, just understand these truths about the business:
• In the US alone, affiliate marketing spend by companies is expected to reach $8.2 billion by 2022, a 51% increase since 2017. Plus, 84% of publishers use affiliate marketing. Any way you look at it, the industry is growing and thriving, which means there is ample opportunity to make money as an affiliate marketer.
• The truth is the amount of affiliate income one earned varies greatly. The stats tell us that…
– Nearly half of affiliate marketers make less than $20,000 a year
– 35% of affiliate marketers make more than $20,000 a year
– And, according to a survey of affiliate marketers, 9% of respondents made more than $50,000
• Oone of the most popular influencers in the affiliate scene, Pat Flynn, has published income reports which provides a fascinating glimpse into the financials of a thriving affiliate business. It would appear that he make in excess of $125,000 to $150,000 a month. Pat is not alone when comparing full time focused affiliate marketers.
• Tom Dupuis, a well known affiliate marketer blogged about how he managed to jump from $20K to $80K to $150K annual income in two years. Then there is a fascinating post in which dozens of affiliate marketers talk about how long it took to make their first sale. The answers vary wildly, with one affiliate going from $0 to $7K revenue in 6 months, and another describing how it took three months to make their first affiliate sale (a modest $310!). I made by first affiliate sale in less than a week, but that was before the affiliate market got crowded.
• Be crowded as I mention above, does not mean that it is harder to make sales. The problem today is that there are so many newbies trying the game, that getting your website listed and Google telling people about it is he problem. There is a bit of a learning curve to understanding how to optimize your site for higher rankings, and learning this skill is important. After all, making money as an affiliate marketer is not a free ride.
• Most affiliates will use websites to drive traffic, clicks, conversions and income. There is no need for a fancy, expensive website to get started with affiliate marketing. As long as it looks attractive and professional, is easy to navigate and has interesting content and compelling sales copy, that is more than enough to encourage conversions.
• Despite the controversial reputation among those not in the know, affiliate marketing is a totally legit way to earn an income. At the end of the day, the majority of the world’s population is internet-connected, and online sales in all categories are constantly increasing. Just look at Amazon With the right skills and attitude, affiliate marketers can achieve levels of success ranging from reasonable to unbelievable. Why shouldn’t you be a part of it too?
Those are just a few thoughts. Not everyone has the same reasons to try to earn online or has the same needs and capabilities. I offer this free course to get you started and I have a paid edition which is not a “read this” add on, but instead is live support system so you get answers to your problems, without wasting a lot of time. You can read about the Affiliate Marketing Mentoring add on here. You don’t need it, but in my experience, most newbies do and it stops most from giving up.
Time to devote to your affiliate marketing activities. It makes sense that those who go full time will do better, at least initially. Doesn’t alwys hold true, but in general the full time people will have more done, including studying the fine points of affiliate marketing. Less sure is one will make money faster over the other. Again, it depends on the person, the drive and the effort – at least usually.
If you want to try affiliate marketing, you can start here. If you think you want to participate in our mentoring program, check it out here.